The Navigator Company, S.A. manufactures and markets pulp and paper products in Portugal.
Mediocre balance sheet second-rate dividend payer.
Share Price & News
How has Navigator Company's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NVG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NVG underperformed the Portuguese Forestry industry which returned 3.8% over the past year.
Return vs Market: NVG underperformed the Portuguese Market which returned -1.5% over the past year.
Price Volatility Vs. Market
How volatile is Navigator Company's share price compared to the market and industry in the last 5 years?
Simply Wall St News
23 hours ago | Simply Wall StHere's Why Navigator Company (ELI:NVG) Has A Meaningful Debt Burden
2 weeks ago | Simply Wall StKnow This Before Buying The Navigator Company, S.A. (ELI:NVG) For Its Dividend
1 month ago | Simply Wall StShould You Investigate The Navigator Company, S.A. (ELI:NVG) At €2.31?
Is Navigator Company undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NVG (€2.17) is trading above our estimate of fair value (€1.68)
Significantly Below Fair Value: NVG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NVG is good value based on its PE Ratio (10.3x) compared to the XE Forestry industry average (11.7x).
PE vs Market: NVG is good value based on its PE Ratio (10.3x) compared to the Portuguese market (12x).
Price to Earnings Growth Ratio
PEG Ratio: NVG is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: NVG is overvalued based on its PB Ratio (1.5x) compared to the XE Forestry industry average (1x).
How is Navigator Company forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVG's forecast earnings growth (4.3% per year) is above the savings rate (2.1%).
Earnings vs Market: NVG's earnings (4.3% per year) are forecast to grow slower than the Portuguese market (15.2% per year).
High Growth Earnings: NVG's earnings are forecast to grow, but not significantly.
Revenue vs Market: NVG's revenue (1.1% per year) is forecast to grow slower than the Portuguese market (4.2% per year).
High Growth Revenue: NVG's revenue (1.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NVG's Return on Equity is forecast to be low in 3 years time (14%).
How has Navigator Company performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVG has high quality earnings.
Growing Profit Margin: NVG's current net profit margins (8.9%) are lower than last year (12.8%).
Past Earnings Growth Analysis
Earnings Trend: NVG's earnings have grown by 0.4% per year over the past 5 years.
Accelerating Growth: NVG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NVG had negative earnings growth (-32.3%) over the past year, making it difficult to compare to the Forestry industry average (-1.5%).
Return on Equity
High ROE: NVG's Return on Equity (14.3%) is considered low.
How is Navigator Company's financial position?
Financial Position Analysis
Short Term Liabilities: NVG's short term assets (€815.6M) exceed its short term liabilities (€587.3M).
Long Term Liabilities: NVG's short term assets (€815.6M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: NVG's debt to equity ratio (101.8%) is considered high.
Reducing Debt: NVG's debt to equity ratio has increased from 43.6% to 101.8% over the past 5 years.
Debt Coverage: NVG's debt is well covered by operating cash flow (35.9%).
Interest Coverage: NVG's interest payments on its debt are well covered by EBIT (14.9x coverage).
What is Navigator Company current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NVG's dividend (6.51%) is higher than the bottom 25% of dividend payers in the Portuguese market (3.05%).
High Dividend: NVG's dividend (6.51%) is low compared to the top 25% of dividend payers in the Portuguese market (7.17%).
Stability and Growth of Payments
Stable Dividend: NVG's dividend payments have been volatile in the past 10 years.
Growing Dividend: NVG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.3%), NVG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NVG's dividends in 3 years are not forecast to be well covered by earnings (97.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
António José Redondo
Mr. António José Pereira Redondo is the Chief Executive Officer at The Navigator Company, S.A. since January 1, 2020. He served as Head of Pulp, Paper, Sales, Marketing, Communication, Image and Product De ...
CEO Compensation Analysis
Compensation vs Market: António José's total compensation ($USD28.28K) is below average for companies of similar size in the Portuguese market ($USD985.63K).
Compensation vs Earnings: António José's compensation has been consistent with company performance over the past year.
|CEO, Member of Executive Board & Executive Director||0.50yr||€25.00k||0.00084% €12.8k|
|Member of Executive Board & Executive Director||13.25yrs||€25.00k||no data|
|Member of Executive Board & Executive Director||5.25yrs||€876.98k||no data|
|Member of Executive Board & Executive Director||5yrs||€389.48k||no data|
|Member of Executive Board & Executive Director||no data||no data||no data|
|Member of Executive Board & Executive Director||13.5yrs||no data||0.00028% €4.3k|
|Non-Executive Director||16.5yrs||€77.00k||no data|
|Non-Executive Director||5.5yrs||no data||no data|
|Chairman of the Board||no data||no data||no data|
|President of Audit Board||2.5yrs||no data||no data|
Experienced Board: NVG's board of directors are considered experienced (9.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Navigator Company, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: The Navigator Company, S.A.
- Ticker: NVG
- Exchange: ENXTLS
- Founded: 1953
- Industry: Paper Products
- Sector: Materials
- Market Cap: €1.523b
- Shares outstanding: 711.18m
- Website: https://www.thenavigatorcompany.com
Number of Employees
- The Navigator Company, S.A.
- Apartado 55
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|POEL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 1995|
|NVG||ENXTLS (Euronext Lisbon)||Yes||Ordinary Shares||PT||EUR||Jul 1995|
|PO9||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 1995|
|0KLO||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jul 1995|
|NVGU||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jul 1995|
|NVG N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Jul 1995|
The Navigator Company, S.A. manufactures and markets pulp and paper products in Portugal. It operates through Market Pulp, UWF Paper, Tissue Paper, and Other segments. The company offers its products under the Navigator, Multioffice, Discovery, explorer, Inacopia, Target, Pioneer, SOPORSET, INASET, and target plus brands for professional and home use. It also produces bleached eucalyptus kraft pulp, uncoated writing and printing thin paper, and domestic consumption paper. The company also exports its products to approximately 130 countries worldwide. The company was formerly known as Portucel, S.A. and changed its name to The Navigator Company, S.A. in February 2016. The Navigator Company, S.A. was founded in 1953 and is headquartered in Setúbal, Portugal.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 20:49|
|End of Day Share Price||2020/07/09 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.